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Trump’s Tissue of Lies — The Estate Tax

The truth is that the estate tax is paid by a miniscule portion of the top tier of earners. This excerpt from the NYT’s editorial today states the obvious.

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“An estate tax repeal would provide a tax windfall of more than $3 million apiece for the top 0.2 percent of earners, and more than $20 million for the wealthiest Americans. It would cost $239 billion in revenue over a decade. It offers nothing for middle-class people, except more evidence of Mr. Trump’s and Republicans’ bad faith.” https://buff.ly/2zp4ISF